Weighing the Week Ahead: Hopes Too High for Jackson Hole?

After weeks of anticipation, we may get the answer to a key question: Will the Fed launch another round of Quantitative Easing? Since the decision for QE II is linked to Fed Chair Bernanke's 2010 speech to the annual Economic Symposium at Jackson Hole, some expect a similar outcome this time.  There is obvious confusion. […]

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Bernanke to Savers: We don’t owe you a living

While we wait for tomorrow's employment report, there was another big story today — the Fed treatment of savers.  Fed Chair Bernanke testified before the House Budget Committee, responding to some illuminating questions from Committee Chair Paul Ryan (R. WI).  Joe Weisenthal, who is usually on the track of the biggest story, anticipated this one […]

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The Quest for Yield (Part 4): Covered Writes

Many yield-oriented investors miss out on one of the single best method for generating income:  Selling calls against their stock positions. Options trading can be frightening for beginners.  After the 1987 market crash, the rules about disclosure and suitability were tightened up.  To qualify for options trading the investor must demonstrate some knowledge and experience.  […]

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